Vegan 🌱 Train lover 🚂 Author ✍️ Norwegian 🇳🇴 Myself

  • 0 Posts
  • 2 Comments
Joined 1 year ago
cake
Cake day: August 28th, 2023

help-circle

  • It’s not just a US thing. I’ve never actually thought of this until this post, but I’d think it’s because taxes are done annually.

    Your employer says they’ll give you X amount a year, but you receive X-Y into your account. It’s easier to talk about X, then to worry about how Y fluctuates.

    It also makes it feel as if you’re making more money. Raises for a year sounds better than when you divide by 12 and get the monthly.